A driver of auto rickshaw makes a profit of 20% on every trip when he carries 3 passengers and the price of petrol is Rs. 30 a litre. Find the % profit for the same journey if he goes for 4 passengers per trip and the price of petrol reduces to Rs. 24 litres? (revenue per passenger is same)
A. 20% B. 33.33% C. 100% D. 65.66% Answer: Option CShow Answer
Solution(By Apex Team)
Assume the cost price = 100 and selling price = 120
Then, when price of petrol is reduced
Cost price become 60 and selling price = 160
Profit increased = 100%
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